The Canadian Finals Rodeo will be held at Westerner Park in Red Deer for the next decade, starting this fall.

“It’s going to be great for the cowboys, the fans, the city and Rodeo Canada. This is a great day for rodeo in Canada and I’m just so happy to be a part of it,” said Terry Cooke, president of the Canadian Professional Rodeo Association.

Red Deer’s bid was submitted to the CPRA by Westerner Park and the Red Deer and District Chamber of Commerce back in November.

Westerner Park’s CEO and general manager Ben Antifaiff said their facilities offered a logistical advantage.

“All the livestock can be stabled. No livestock is  going to have to be trucked on and off site. Way better for the animals and a lot easier on the animals and that’s an important part of the competition,” Antifaiff said.

CFR 45 takes place from Oct. 30 to Nov. 4. There will be seven performances, with a total purse value of $1.65 million.

Youth will get to compete in their own junior event for $24,000 in scholarships.

The chamber estimates CFR to generate between $20-30 million in economic activity per year.